22985 Lakeridge Road, Brock, ON, L0E 1E0

Property Details: - Type: Detached - Bedrooms: 7 - Bathrooms: 5 - MLS#: N13213088 Listed By: LPT REALTY

This Powerhouse Investment At 22985 Lake Ridge Rd N In Brock Offers A Rare Combination Of Residential Income And Commercial Versatility On A Nearly Acre Lot. Centered Around A 5,000+ Sqft 2-Storey Block Building, The Property Features Five Distinct Rental Streams: A Ground-Floor Shop/Office With Two Bay Doors, Three Apartments (Two Upper 2-Bedroom And One Ground Level 1-Bedroom), Plus A Separate 3-Bedroom Raised-Bungalow With Finished Walk-Out Basement. Zoned Hamlet Commercial (HC), The Potential Is Massive With Permitted Uses Including A Grocery Store, Medical Clinic, Restaurant (With Drive-In), Automotive Repair, Gas Bar, Hotel, And Retail Commercial Establishments. The Site Is Ideally Located On A Paved Road Just Off Hwy 48, Minutes From Lake Simcoe Beaches And Marinas, Providing High Visibility And Convenience. Practicality Meets Profit With 16+ Parking Spaces, All Units On Separate Meters (Tenants Pay Utilities), And A New Drilled Well And Septic System Installed In 2020. Whether You Operate A Laundromat, Post Office, Or Furniture Store, This Asset Has The Potential To Be A Revenue Engine. All Tenants Are Currently Month-To-Month, Offering Immediate Cash Flow With Future Flexibility For Any Savvy Investor Or Owner-User Looking To Capitalize On This Rural Commercial Hub. This detached home located at 22985 Lakeridge Road, Brock is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $749,000 with an estimated mortgage of $2,757* per month. It has 7 beds, 5 bathrooms, and is 3500-5000 square feet. 22985 Lakeridge Road, Brock is in the Cannington neighborhood Brock. Rural Brock, Beaverton and Pefferlaw are nearby neighborhoods.